{
}
Michael A. Dubis Financial Planning LLC has made a new investment of $456,000 in Wells Fargo & Company, acquiring 6,492 shares. Other institutional investors have also increased their stakes, with 75.90% of the stock now held by such entities. Wells Fargo's stock recently opened at $70.71, with a market cap of $230.87 billion, and analysts have given it a "Moderate Buy" rating, with an average target price of $74.97.
Wells Fargo & Company reported a quarterly EPS of $1.43, exceeding estimates of $1.34, with a return on equity of 12.38% and a net margin of 15.73%. Revenue was $20.38 billion, slightly below the expected $20.58 billion, marking a 0.5% decline from the previous year. The firm declared a quarterly dividend of $0.40 per share, yielding 2.26%, and has a dividend payout ratio of 29.74%.
Wells Fargo & Company reported a 0.5% decline in quarterly revenue year-over-year, with earnings per share of $1.43, surpassing estimates. The company announced a quarterly dividend of $0.40 per share, yielding 2.26%, and has a payout ratio of 29.74%. Analysts maintain a "Moderate Buy" rating, with a consensus target price of $74.97.
Wells Fargo & Company reported Q4 earnings of $1.43 per share, exceeding estimates, with a return on equity of 12.38% and a net margin of 15.73%. The firm declared a quarterly dividend of $0.40 per share, yielding 2.26%, and has a Moderate Buy rating from analysts, with a consensus target price of $74.97. Institutional investors hold 75.90% of the company's stock, reflecting strong interest in the financial services provider.
Wells Fargo & Company has seen varied price target adjustments from analysts, with Compass Point raising its target to $83.00 and Citigroup lowering it to $78.00, both maintaining a "neutral" rating. The company currently holds a consensus rating of "Moderate Buy" with a target of $74.97, while 75.90% of its stock is owned by institutional investors. Recently, Wells Fargo reported a quarterly EPS of $1.43, exceeding estimates, and declared a quarterly dividend of $0.40, reflecting a 2.26% yield.
Morgan Stanley raised its price target on Wells Fargo & Company from $84 to $88, maintaining an "overweight" rating, while Truist Financial increased its target from $82 to $85 with a "buy" rating. Analysts show a consensus of "Moderate Buy" with a target price of $74.97, as the company reported $1.43 EPS, exceeding estimates. Wells Fargo's stock is currently trading at $70.71, with a market cap of $230.87 billion and a dividend yield of 2.26%.
Bank of America raised its price target on Welltower shares from $221 to $242, maintaining a "buy" rating, while Royal Bank of Canada upgraded its rating to "outperform" with a target of $168. Conversely, StockNews.com downgraded Welltower to "sell." Currently, the stock has a consensus rating of "Moderate Buy" with an average target price of $156.46. Welltower's recent earnings report showed a significant EPS of $1.13, exceeding estimates, and the company declared a quarterly dividend of $0.67 per share.
Bank of America can close accounts deemed inactive for three years or more, following state escheatment laws. Customers may receive a notification if their account is considered abandoned, and failure to act could result in funds being turned over to the state. To avoid this, the bank advises regular account engagement.
Wells Fargo is set to vacate its downtown Fort Worth office as it prepares to move into a new space at a mixed-use development located five-and-a-half miles away. The banking giant's departure will pave the way for an upscale retail hub in the area.
Bank of America has issued a warning to customers about account cancellations due to inactivity, stating that accounts deemed "abandoned" after three years may be blocked or have funds transferred to state custody. To avoid this, customers are encouraged to regularly log in and set up alerts to monitor their account activity. The bank's policy aligns with state laws regarding unclaimed assets, which apply to various account types, including savings and retirement accounts.
Wells Fargo & Company
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
michael a dubis financial planning invests 456000 in wells fargo stock
11:58 29.03.2025
wells fargo reports strong earnings and declares quarterly dividend
11:22 29.03.2025
wells fargo reports slight revenue decline and announces quarterly dividend
11:21 29.03.2025
wells fargo reports strong earnings and announces dividend amid market fluctuations
10:54 29.03.2025
wells fargo receives mixed ratings and price target adjustments from analysts
10:54 29.03.2025
analysts raise price targets for wells fargo amid mixed performance
10:35 29.03.2025
analysts adjust ratings and price targets for welltower stock
Royal Bank of Canada
Wellington Management Group LLP
JPMorgan Chase & Co.
UBS Asset Management (Americas) LLC
Amundi S.A.
Raymond James Financial Inc
Wells Fargo & Company
Bank of America Corporation
USA
Show more
10:30 29.03.2025
bank of america warns customers about potential account closures due to inactivity
05:55 29.03.2025
Wells Fargo to relocate from downtown Fort Worth to new retail hub
22:57 28.03.2025
bank of america warns customers about account cancellations due to inactivity
United States Dollar
AT&T Inc.
Dollar Tree, Inc.
Walmart Inc.
DOLLAR GENERAL
McDonald's Corporation
Wells Fargo & Company
Bank of America Corporation
FedEx Corp
Chase Growth N
USA
Lionel Messi
Lauren Peacock
Rob McElhenney
Javier Mascherano
Emma Hayes
Kim Mulkey
Ryan Reynolds
Mina Kimes
Show more
20:53 28.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Workplace Trends
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Lux Digital Healt
Microsoft Corporation
UBS Group AG
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
BNP Paribas SA
NVIDIA Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: